Directors' Notification of Dealing in Shares

Ricardo PLC
23 May 2000


Ricardo Plc - Directors' Interests in Shares

On 23 May 2000 Ricardo Quest Trustees Limited, a wholly-owned subsidiary of
Ricardo plc, as trustee of the Ricardo Qualifying Employee Share Ownership Trust
(the 'Quest') acquired by subscription, at a price of 455p per share, a total of
3,391 ordinary shares of 25p each in Ricardo plc (all of which are to be used to
satisfy options exercised under the Company's savings-related share option
scheme). As potential beneficiaries under the QUEST, each executive director of
Ricardo plc is treated as being interested in all shares acquired by the QUEST.
As of today's date, the QUEST holds 3,391 shares in the Company.

The directors of Ricardo plc who may be considered to be potential beneficiaries
of the shares detailed in this notification are:

Sir Noel Davies
C W Foreman
P T Ward
R J Westhead
A R Goodburn
J R Needham

Name of contact and telephone number for queries:
M Wightman  Tel: [phone]